Moeda Loyalty Points (MDA) is a cryptocurrency operating on the Ethereum platform. Through the platform, users can make secure and transparent contributions to ventures and projects chosen by a technical network that supports the development of local communities worldwide.
In this article, we will cover topics like “MDA coin news, MDA, MDA Token, MDA BTC, Moeda Loyalty Points”.
What is MDA Coin?
MDA coin is the native token of the Moeda Loyalty Points platform, operating on the Ethereum Blockchain.
Launched at the United Nations “hackathon” in 2017 to achieve the 17 UN Sustainable Development Goals, Moeda selects Initial Projects, focusing on entrepreneurs who struggle to access credit through traditional banking systems. They aim to facilitate access to funding with effective projects, allowing projects to grow and communities to develop. Blockchain technology and proprietary digital tokens MDA and MDABRL enable people worldwide to participate in sustainable growth, investing in projects quickly and transparently.
According to statements, Moeda’s focus is not only on cryptocurrencies. The platform also places great importance on Blockchain, providing significant advantages to those struggling with banking issues. Moeda Loyalty Points offers services similar to a social investment platform from certain perspectives.
MDA tokens can be used by individuals wishing to invest in projects on the platform, offering various advantages to MDA holders.
Additionally, the platform cites the following reasons for choosing and valuing Blockchain technology:
- Transparency in financial transactions and investment progress
- Sovereign digital identity for platform users
- Faster credit transfers and increased accessibility with the use of digital tokens
- Lower rates compared to those typically associated with payments and transfers through traditional financial institutions
MDA Coin Reviews
Looking at MDA coin news and reviews, it appears that the token’s popularity increased following its listing on Binance. However, looking at price movements, MDA seems to be on a downward trend. Therefore, while some investors believe the price will start to rise, others suggest caution.
MDA Coin Price
At the time of writing, the MDA token, with a market cap of 4,773,702 USD according to CoinMarketCap, is trading at 0.2431 dollars, ranking 736th in terms of market value. It’s also worth noting that in the MDA BTC trading pair, the token is trading at 0.00002145 BTC.
Additionally, the MDA token reached its all-time high of 4.31 dollars on September 25, 2017, and its all-time low of 0.1942 dollars on March 13, 2020. It’s also beneficial to note that there are currently 19,628,888 MDA tokens in circulation, with no clear information on the total amount.
How to Buy MDA Coin?
You can purchase MDA tokens through Binance, the world’s largest cryptocurrency exchange by trading volume.
